Here are the top 5 real estate metaverse projects to watch in 2022

Buying real estate doesn’t have to be as boring as it used to be. In fact, you can start buying digital real estate within the metaverse itself for far less than you would pay in the real world.

Additionally, a handful of metaverses also intend to offer fractional shares of real estate in token form, meaning you can own real-world properties for a fraction of the price.

This article will cover some of the best real estate metaverse to watch in 2022. Some projects intend to bring real-world real estate assets to the blockchain, while others are very popular metaverse-based real estate projects.

The five best real estate metaverses to follow in 2022

  1. Real estate investment clubThe best metaverse for real estate entrepreneurs
  2. Decentralizing – The world’s most popular real estate metaverse
  3. Space somnio – A world of social VR with a complete economy
  4. next land – A true land ownership platform in the metaverse
  5. plateau – A virtual property strategy game set in the real world.

1. Real estate investment club

Real Estate Investment Club (REIC) is a project aimed at bridging the gap between the real estate sector and the metaverse. This is a metaverse project designed to be the meeting place for all those interested in real estate investments, inside or outside the metaverse. Furthermore, it intends to be an exclusive community where members can share ideas and provide education on investing in real estate, cryptocurrencies and NFTs.

The NFT REIC collection was designed by one of the creators of the Grand Theft Auto and Red Dead Redemption games, making them extremely refined and extremely desirable.

NFTs act as avatars for the REIC metaverse called MetaCity. REIC wants MetaCity to be the center of Metaverse-as-a-Service projects, creating a full-fledged economy that REIC members can enjoy. Additionally, players can monetize their goods and services within the metaverse to earn additional revenue.

NFT holders have the following utility;

  • Metaverse Access – Exclusive access to REIC – MetaCity and REIC HQ.
  • Real World Events – The team intends to organize private real world events in premier venues, the first being Edinburgh.
  • Education – REIC – MetaCity will provide education for real estate, blockchains, cryptocurrencies and NFTs.
  • Entertainment – Network and socialize with community members through the Web3 platform and metaverse.

Holding REIC NFT also offers other benefits besides access to the metaverse. One of the best benefits is that it gives you access to the Digital Asset Property Group (DAPG), a tokenized real estate investment platform.

Additionally, NFT holders are also registered for the following freebies;

  • Prices of REIC products
  • Investment advice and advice from industry elites
  • Access to webinars / seminars
  • Holidays in privileged locations
  • Luxury items such as watches and cars
  • Charitable donations
  • First payment of a real estate deposit in Ethereum.

Overall, Real Estate Investment Club is a fantastic metaverse for anyone looking to augment their real estate knowledge. The project’s NFTs will be minted in September 2022.

2. Decentralizing

A list of real estate metaverses wouldn’t be complete without mentioning Decentraland, one of the most popular real estate metaverses in the industry.

Decentraland was founded in 2017 and has gained nearly 300,000 monthly active users since its inception, making it one of the most populated metaverses in the cryptocurrency industry.

It is a metaverse where players can own virtual real estate and explore the self-created world. Users can access the 3D metaverse directly from any web browser. You don’t need a VR headset to enter, but it does allow for a more immersive experience.

Players can build anything they can imagine on their land, including things like;

  • Art gallery
  • Language schools
  • Meeting places
  • Casino
  • Game rooms
  • Hotels
  • Event venues (e.g. for concerts and films).

Since Decentraland is one of the oldest (if not the oldest) metaverses, property prices in the metaverse are already quite high. However, if you are lucky, you can find an inexpensive plot of land for sale in a desirable location.

3. Spatial somnio

Somnuium Space is a Metaverse VR built on the Solana and Ethereum blockchains. The project aims to be a social virtual reality world with an entire economy and its own currency.

Players can purchase digital land, houses, buildings and game assets in the metaverse. It is a world where players can build, write and monetize the world while socializing and exploring the creations of others.

$ CUBE is the platform’s native token. It is used as an in-game transaction token to purchase plots of land in the metaverse.

Somnium Space differs from other metaverses in that it hosts all players in a large persistent VR universe instead of using subservers. This means that users will not have to experience loading times when navigating the metaverse.

4. The next Earth

Next Earth is the first true land ownership platform in the metaverse. It is a platform that allows users to buy, develop and sell virtual land mapped on the land.

Next Earth describes itself as a platform as a service that provides all the necessary infrastructure for landowners to develop any type of business.

The metaverse is divided into separate land tiles, which can be sold, bought, staked and developed according to the user’s needs. Each of these individual tiles corresponds to a 10x10m square on our original Earth.

The project has three types of land tiles determined by the real world content of the tile: water, urban and non-urban.

5. Plateau

Upland is the largest virtual real estate strategy game brought to the real world.


Development of the game began in September 2018 by the Silicon Valley-based company Uplandme with support from Block.one. The project is hosted on the EOS blockchain.

The whole project is built on three pillars; Play, win, connect. The game is a parallel universe that allows users to become digital landowners, develop properties and shops, create cars, and earn tokens while playing.

Since the real estate in the game is modeled on the real world, starting in San Francisco, you can purchase parcels of land at addresses you are already familiar with, such as your childhood home or school address.

Players can access the game via web browser and on iOS and Android devices.

In the game, players have the following options;

  • Collect properties
  • Complete collections to earn more UPXs
  • Take part in the challenges
  • Take part in treasure hunts
  • Attend live events

$ UPX is the in-game transaction token that is used to purchase in-game goods and generates payments for holders. As long as a player retains ownership of him, he continues to earn UPX tokens as a reward.

In addition to earning money by owning properties, players can also collect commissions from visitors who visit their properties in the metaverse.

Conclusion

Overall, real estate metaverses will continue to dominate the industry for the next few years. All the projects on this list offer a great opportunity to start investing in real estate and digital.

Be vigilant and consult your financial advisor before making any investment decisions. Mirror-Mag cannot be held responsible in case of bad investments. Before using any third party service, you should do your research.

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